Austin J. Shanfelter has been an influential leader at Orion Group Holdings for several years, starting as a board member in 2007. He has hands-on experience in the construction and engineering sectors, drawing on a solid educational background with a...

Austin J. Shanfelter has been an influential leader at Orion Group Holdings for several years, starting as a board member in 2007. He has hands-on experience in the construction and engineering sectors, drawing on a solid educational background with a Bachelor of Science in Civil/Structural Engineering from New Mexico State University. In recent years, he stepped in as Interim CEO and CFO, showcasing his versatility in leadership roles. One notable achievement was his leadership during the company's 'Invest, Scale, and Grow' initiative, aimed at improving operations. He has overseen significant changes and managed strategic objectives effectively. Shanfelter also has an entrepreneurial spirit, having previously led MasTec Inc. as CEO. Beyond his corporate contributions, he's actively involved in community work, being the current chairman of Champions4Children, a charity supporting kids in Fort Myers, Florida. In 2023, his total compensation was about $2.28 million, which included a notable salary and performance-based stock grants.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Orion Group Holdings CEOs

O

Austin J. Shanfelter

Ex-CEO of Orion Group Holdings

Education

B.A. in Business Administration from University of Florida

Field of Expertise

Real Estate & Construction - Construction

Sector of Economy

Industrials

Born

August 22, 1955 - 69 years ago

CEO of Orion Group Holdings for

1 year 2 months (Apr 2020 - Jun 2021)

Previous Experience

CEO of MasTec, Inc.

Rivals

Competitors/colleagues of Austin J. Shanfelter

Holdings

See how much did Austin J. Shanfelter make over time.

Austin J. Shanfelter has seen fluctuations in his insider trading activities over the years, peaking in 2023. In January 2023 alone, he reported trades worth approximately $970K, showing a consistent pattern of significant trading throughout 2019-2023. His most substantial trading...

Austin J. Shanfelter has seen fluctuations in his insider trading activities over the years, peaking in 2023. In January 2023 alone, he reported trades worth approximately $970K, showing a consistent pattern of significant trading throughout 2019-2023. His most substantial trading month was August 2023, posting near $2.01 million. On the whole, his trading activity reflects strategic movements, with his portfolio growing considerably, especially as he capitalized on favorable market conditions which led to steady increases in stock value over time. Given his background in engineering and leadership, he likely makes informed decisions based on industry insights and company performance, which is impressive considering how quickly markets can shift.

Total Stock Sold

$1.80M

ORN

$1.80M

282,789 ORN shares

What if they kept their stock?

If Austin J. Shanfelter didn't sell their stock, today they would have:
Extra ORN282,789 shares worth $602.34K.
This is -66.57% and $1.20M less than what they got when they sold the stock.

Insider Trading

See recent insider trades of Austin J. Shanfelter.

ORN

$360.22K

ORN at $9.01/share

May 16, 2024

Sale

ORN

$100.00K

ORN at $9.35/share

May 16, 2024

Received

ORN

$145.80K

ORN at $4.86/share

Nov 27, 2023

Sale

ORN

$142.50K

ORN at $4.75/share

Sep 6, 2023

Sale

ORN

34,091 shares

ORN

May 18, 2023

Received

ORN

$492.83K

ORN at $2.75/share

Sep 12, 2022

Received

ORN

18,215 shares

ORN

Sep 8, 2021

Received

ORN

14,975 shares

ORN

May 19, 2021

Received

ORN

$198.03K

ORN at $3.92/share

Nov 10, 2020

Sale

ORN

39,823 shares

ORN

May 21, 2020

Received

Compensation History

See how much did Austin J. Shanfelter make over time.

In 2023, Austin J. Shanfelter's total compensation was $2,277,710, which is a significant increase from previous years where his earnings hovered around $1.68 million in 2022. This uptick is largely due to his high performance metrics which were tied to the company's Adjusted EBITDA and other objectives. His base salary stood at $750,000, along with a performance bonus of $750,000, illustrating the pay-for-performance model the company embraces. Interestingly, he also received Performance Stock Units as part of his long-term incentives, with stock grants totaling 241,636 shares issued in March 2023. His compensation reflects not just his position but also the responsibilities he undertakes, along with the alignment of his interests with those of the shareholders.

Year

2023

Total Compensation

$1.78M

Salary

$750.00K

Board Justification

The compensation philosophy emphasizes a pay-for-performance approach, aligning executive compensation with company performance and shareholder interests.

Bonus

$750.00K

Board Justification

The bonus for 2023 was based on the company's performance metrics, including Adjusted EBITDA and strategic objectives, resulting in a payout at 100% of target.

Other

$277.71K

Board Justification

Other compensation includes an automobile allowance, relocation allowance, housing allowance, and 401(k) matching contributions.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock was vested in 2023 as no routine equity awards were granted during the year.

Performance Metrics

The performance metrics for 2023 included Adjusted EBITDA, strategic objectives, and individual performance goals.

Other Orion Group Holdings CEOs

Here are other CEOs of Orion Group Holdings

Mark R. Stauffer

Ex-CEO of Orion Group Holdings

November 2014 - April 2020

L. David Griffin Jr.

CEO of Orion Group Holdings

June 2021 - Present